Indiana Code Title 27. Insurance § 27-7-12-2

Sec. 2. (a) As used in this chapter, “cancellation” refers to a termination of property insurance coverage that occurs during the policy term.

(b) As used in this chapter, “nonpayment of premium” means the failure of the named insured to discharge any obligation in connection with the payment of premiums on policies of insurance subject to this chapter, regardless of whether the payments are directly payable to the insurer or its agent or indirectly payable under a premium finance plan or extension of credit.  The term includes the failure to pay dues or fees where payment of the dues or fees is a prerequisite to obtaining or continuing property insurance coverage.

(c) As used in this chapter, “nonrenewal” or “nonrenewed” refers to a termination of property insurance coverage that occurs at the end of the policy term.

(d) As used in this chapter, “renewal” or “to renew” refers to:

(e) As used in this chapter, “termination” means a cancellation or nonrenewal.  The term does not include:

if the requirements or changes are directly related to the hazard involved and are made on the renewal date for the policy.  The term does not include a transfer of a policy to another insurer.